Invoices

Libeo is a fully integrated and automated business-to-business payments platform, bridging the gap between invoices, payments, reconciliation and accounting. The solution includes batch and bulk payment features to allow you to pay all of your suppliers invoices in one go based on dates or specific invoice details.

BACS is the Bank Automated Credit Transfer Services and it is one of the fastest payment methods in the UK. If a BACS payment is made on Friday, when will it clear? How much do BACS payment cut-off time compared to how long a bank transfer take? If you are wondering how long does a BACS payment take, then this guide is for you.

In accounting terminology, a batch payment is a batching system used to pay suppliers or service providers at different times. While businesses may already be aware of the benefits, it's time to look at the reasons why batch payments have evolved from a day-to-day accounting procedure to a vital component in corporate finance.

With 60% of UK businesses having been charged a fee for late payments and 23% having experienced termination of goods or a relationship with a supplier because of late payments, we say it's time to put an end to late payments. Here's how to pay your suppliers faster and enjoy a better relationship with them.

A bulk payment or batch payment solution is a type of payment processing. Bulk payment or batch payment solutions are designed to offer businesses with a means to streamline their procurement of services and products without the need for complex coding. What are the benefits of a bulk payment or batch payment solution for today's SMBs?

In order to facilitate the flow of information and to secure internal processes, it is essential to implement an automated invoice validation workflow, a set of successive approval levels carried out by different parties. How to set up an efficient invoice validation workflow?

Invoice payments are one of the major challenges faced by most of the small to medium-sized businesses. The primary reasons are process inefficiencies, tedious payment collection procedures, inability to align with the cash flow, etc. Businesses around the world face these challenges on a daily basis and are continuously looking at ways to overcome them.

In the past, businesses were accustomed to the lengthy process of invoice processing. It was a time-consuming and error-prone affair, but not anymore. With invoice processing automation on the horizon, it is easier than ever to streamline your business transactions and save countless hours of work. What are the steps of invoice processing?

E-invoicing is a business term used in today's world, which means Invoicing through the internet than the traditional method of mailing invoices. E-invoicing is basically a paperless form of invoice, expect that it is faster, easier and convenient when compared to its counterpart.